Sounds like a good plan! My experience tells me that you have to be very careful when mixing bloggers and journalists from publishing companies (if that's what you intend to do). A lot of journalists perceive bloggers as a threat. Although that seems naive I think it's a normal reaction.

In my view it's necessary to involve bloggers but I don't think of them as journalists. They have other principles of investigating and sourcing and a different style of writing. Don't get me wrong, they're important and the fact that free blog providers enable potentially anyone out there to speak their minds on the big stage is a small revolution. Although not on one level with Gutenberg or the invention of the Net itself, like some say. But bloggers certainly are not the key to saving traditional journalism :)